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Click ‘Get Form’ to open the General Durable Power of Attorney template in the editor.
Begin by filling in your name and address at the top of the form. This identifies you as the principal granting power.
Next, appoint your attorney-in-fact by entering their name and address in the designated fields. This person will act on your behalf.
Review each section carefully, such as 'General Grant of Power' and 'Real and Personal Property,' ensuring you understand the powers you are granting.
Fill out any specific powers you wish to grant, like managing investments or handling banking matters, by checking relevant boxes or providing details as needed.
Sign and date the document at the bottom. Ensure it is witnessed and notarized according to Michigan law for it to be valid.
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A Durable POA is unique as it remains valid even if the principal becomes incapacitated. This trait makes this POA more powerful than a General POA. The latter expires under such circumstances. A Springing POA activates under specific conditions, like when the principal becomes incapacitated.
What are the different meanings of POA?
A power of attorney (POA) is a legal authorization that gives the agent or attorney-in-fact the authority to act on behalf of an individual referred to as the principal. The agent may be given broad or limited authority to make decisions about the principals property, finances, investments, or medical care.
What does POA stand for in business?
Plan of Action (POA) meetings stand at the heart of strategic alignment and informed decision-making within a pharmaceutical company. Often spanning several days, these intensive sessions are a whirlwind of activity, filled with complex information essential to the companys success.
What does POA mean in meetings?
A power of attorney (POA) or letter of attorney is a written authorization to represent or act on anothers behalf in private affairs (which may be financial or regarding health and welfare), business, or some other legal matter.
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Law Offices of Lisa J. Allen, PLLC Page 1 GENERAL
(a) CAUTION TO THE PRINCIPAL: Your Power of Attorney is an important document. As the principal, you give the person whom you choose (your agent).
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